tomo logo

$674,900

Beds
4
Baths
3.5
sq ft
2,953

61 King Richard Rd, Berlin, MD 21811

61 King Richard Rd

BERLIN, MD 21811

  • Pending
    • Price drop $25,000↓
Welcome to your dream coastal retreat in the newest Estate Home Triple Crown section of Ocean Pines, MD! This stunning Craftsman-style home boasts 4 spacious bedrooms and 3.1 bathrooms, offering ample space for both relaxation and entertainment. Situated in a sought-after community, this two-level abode welcomes you with its charming exteriors and coastal charm. The home features a central A/C system, providing comfort during warm summer days, and a heat pump with electric backup for efficient heating. Step inside to discover an open and inviting floor plan, perfect for creating lifelong memories. The well-appointed kitchen is a chef's delight, complete with modern appliances and beautiful finishes. The adjacent living room is a 16' x 22' blank canvas for you to create your perfect personalized space. Multiple outdoor spaces include a patio and porch, where you can unwind and enjoy the peaceful surroundings. The community amenities are truly exceptional, including multiple sparkling pools for refreshing swims on hot summer days as well as an indoor pool and available Oceanfront beach club to allow year-round water access. Whether you prefer relaxing by the water or soaking up the sun, this community has it all - even offering both optional golf and yacht club memberships. Perfectly located in Berlin, MD, you'll enjoy the best of both worlds –the tranquility of coastal living and the convenience of nearby amenities. Explore the local shops, dine at fantastic restaurants, or enjoy a day at the nearby beach. Don't miss your opportunity to own this coastal paradise. Schedule your showing today and discover the perfect blend of comfort, style, and coastal charm that this beautiful home has to offer. Home is ready for you now - why wait for new construction when we've built it for you already, the only thing missing is you! NEW REDUCED PRICE - Seller says bring all offers! Seller is also offering a sub-6% rate guarantee for buyers choosing to finance with Embrace Home Loans - contact listing agent for details!

Details

Property type

Single Family Residence

Est. home value

$138,298

Property condition

New Construction

Lot size

0.29 acres

Price per sq ft

$229

Year built

2023

Annual property taxes

$1,135

Monthly HOA fee

$83

Price History

09/07/2024
Bright

Bright #MDWO2017746

Pending
$674,900
08/15/2024
Bright

Bright #MDWO2017746

Price change
$674,900
-3.57%
08/02/2024
Bright

Bright #MDWO2017746

Price change
$699,900
-2.78%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

School district: 

WORCESTER COUNTY PUBLIC SCHOOLS

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Hebron Savings Bank

Loan start date

February 2024

Original loan amount

$1,023,436

Est. remaining balance

Not provided

Interest rate

6.67%

Loan type

Future Advance Clause / Open End Mortgage, 1 year

Seller

Beracah Homes Inc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Pending/Under Contract

Tomo last checked: 09/28/2024 at 9:05 PM

Listing updated: 09/19/2024 at 9:56 PM

Listed by: MICHAEL HALL, Patterson-Schwartz-OceanView Phone #: (302) 537-1300

MLS: Bright #MDWO2017746

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